diff --git a/CHANGELOG.md b/CHANGELOG.md
index 3fdffc751c..149832a9f1 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -2,7 +2,7 @@
 
 ## [UNRELEASED]
 
-No user facing changes.
+- Update default CodeQL bundle version to 2.12.2. [#1518](https://github.com/github/codeql-action/pull/1518)
 
 ## 2.2.2 - 06 Feb 2023
 
diff --git a/lib/defaults.json b/lib/defaults.json
index 14e0b9f89d..7aafe5d73c 100644
--- a/lib/defaults.json
+++ b/lib/defaults.json
@@ -1,6 +1,6 @@
 {
-    "bundleVersion": "codeql-bundle-20230120",
-    "cliVersion": "2.12.1",
-    "priorBundleVersion": "codeql-bundle-20230105",
-    "priorCliVersion": "2.12.0"
+    "bundleVersion": "codeql-bundle-20230207",
+    "cliVersion": "2.12.2",
+    "priorBundleVersion": "codeql-bundle-20230120",
+    "priorCliVersion": "2.12.1"
 }
diff --git a/src/defaults.json b/src/defaults.json
index abfc2c46f1..8f1a1d0293 100644
--- a/src/defaults.json
+++ b/src/defaults.json
@@ -1,6 +1,6 @@
 {
-  "bundleVersion": "codeql-bundle-20230120",
-  "cliVersion": "2.12.1",
-  "priorBundleVersion": "codeql-bundle-20230105",
-  "priorCliVersion": "2.12.0"
+  "bundleVersion": "codeql-bundle-20230207",
+  "cliVersion": "2.12.2",
+  "priorBundleVersion": "codeql-bundle-20230120",
+  "priorCliVersion": "2.12.1"
 }